India will get its first life-insurance listing since it opened up to private-sector investors 16 years ago, paving the way for more companies seeking to go public in an industry that’s since grown to more than $50 billion. Housing Development …
Munich Re will acquire an additional 23.27 percent of shares of Apollo Munich Health Insurance Co. Ltd., from its joint venture partner, the Apollo Hospitals Group, India, increasing its shareholding from 25.5 percent to 48.75 percent. Representatives of both companies …
Much has been said in recent years about the opportunities presented by the buoyant strides in economies across the African continent together with challenges that market participants have to overcome; the continent’s re/insurance industry is no exception, according to a …
Indian companies with insurance ventures, including Max India Ltd. and Reliance Capital Ltd., are poised to benefit from higher foreign-shareholding limits that may draw more than $3 billion from overseas investors. The passage of a bill raising the amount foreign …
Prime Minister Narendra Modi sought to pressure Indian lawmakers into approving two key economic policy changes a day after a parliament session ended without a vote on the bills. Modi will use an executive order known as an ordinance to …
Indian Prime Minister Narendra Modi risks failing to win approval from lawmakers for one of his biggest policy changes yet, a setback that dims prospects for other key bills until he wins greater sway in the upper house. In a …
Max India Ltd., the Indian partner of MS&AD Insurance Group Holdings Inc., Japan’s biggest casualty insurer, surged to its highest in a month after a parliament panel recommended the nation increase the cap on foreign investment in the sector. Max, …
